Pizzaexpress Share Discussion Threads

[pepi moon] 26/9/2002 13:18

Hiya Freddy seems to have found a solid bottom at the moment just need the managment to give a future direction and new ideas etc....good luck as always...sent you an email yesterday not sure if you got it but try posting on Cbull aswell anyway good luck Freddy show the muppets what its about. Good fella is that you hammy??

[ydderf] 26/9/2002 06:44

my average is now 2.98.....still buying........35p of prospective cash earnings for a p/e of 8!

[utsushi] 25/9/2002 10:40

How the mighty fall...... one couple eating in the Bayswater outlet of Pizza Express on a Friday night at around 8pm.

In the 1980's you might of had to queue 10/15 minutes to get a table.

Competition too strong and too numerous now in the 21st century, wood fired pizzas lead the way forward in this segment of restaurant market.

This company will have to evolve fast, in many areas or it will downsize fast as all but a few outlets remain profitable.

Operational costs are increasing through the nature of upwards only commercial leases, wages increase year on year for skilled labour, this can only mean a big squeeze on profits.

[goliard] 25/9/2002 10:15

I think we will see these at 250p after the xd date (4th Oct). I'll be waiting til then to buy back in.

[dondee] 24/9/2002 12:30

Companies often deny things and soon afterwards things happen. Could they be in discussions from today (ie after the statement of denial)?
I just ask the question!!

[zzaxx99] 24/9/2002 09:16

I think they have to wait 6 months from an official denial (assuming there was one - I'm only reporting what I heard 2nd hand, though the share price would seem to bear it out) - they can't deny then immediately change their minds

[andyj] 23/9/2002 22:47

Maybe so, but it is at least nice to see a reasonable spread for once

[andyj] 23/9/2002 22:45

Ah good to see goodfella still around ! But is it really that far from a bid ? The management as I see it have to do something pretty drastic soon or resign !

[fraser f] 23/9/2002 21:44

There is more...

PizzaExpress says FMR cuts stake by 1.4%

PizzaExpress PLC said FMR Corp and Fidelity International have sold 1,011,344 ordinary shares in the company, representing 1.4%, and now hold 6,096,000 shares, representing 8.49%.

© AFX News

Other Pizza related news...

[goodfella] 23/9/2002 17:26

How many times do you see stories like this after a share price has plummeted so the smart money can conveniently offload stock to niave buyers

[fraser f] 23/9/2002 10:52

LSE opening - Pizza Express gains on MBO hopes

Management buy-out hopes pushed shares in Pizza Express in early deals, up 10 at 292-1/2.

The Business reported that the restaurant chain's CEO and chairman, David Page, is in talks with private equity houses to find a backing for an estimated £300 million MBO bid.

© AFX News

More...

[goodfella] 23/9/2002 08:10

The story is about the management trying to raise the money..........its a long way from a bid

[cassandra2] 22/9/2002 16:58

I've only seen the same article to-day--Can't find any info anywhere else yet. I'm still looking

[kingjames] 22/9/2002 14:01

Anybody heard about the buyout bid? minimum 410 a share. In the Business paper.

[ydderf] 22/9/2002 10:25

taken my average down to 310 - and still buying if they fall further......

[ursus] 21/9/2002 15:16

doughballs to start with?

[bigboyo] 19/9/2002 11:12

ta for that

[goliard] 19/9/2002 10:59

Nov 1st is payment date. xd is Oct 4th. Its in the notes (note 3 I think) at end of accounts.

[bigboyo] 19/9/2002 10:54

when is the xd date ? i thought 4 oct was payment date

[goliard] 19/9/2002 10:53

My worry is that the share price is being underpinned by an 8p dividend payment up until Oct 4. I think a lot of people are holding just for this dividend and may sell stock aferwards so we could see a 20p decline on Oct 5th. Just an opinion but I will wait until then before buying any.

[dondee] 18/9/2002 19:44

Talk in Sunday BUSINESS of a possible management buyout at £4-£4.50p. Anyone know anymore.

[edmundss] 17/9/2002 00:41

I agree with BigBoyo -- having been to Zizzi's once, none of the three of us will be going back -- the food (both pizza & pasta) was decidedly mediocre. Personally, I feel Pizza Express do a much better job of service & food. Interestingly, Zizzi's score slightly better (1pt) than PIZ in the new Zagat, but more expensive.

Having said that, more variety and/or seasonal menu additions (ala Wagamama) wouldn't hurt PIZ. The "decent food at a reasonable price" sector is much larger than a few years ago, and provides more competition. PIZ's offering is basically unchanged, and isn't going to provide the stellar growth of the 90s. I think the current PE under 8 reflects disappointment that the company is not immune to competition and the general downtown. C'est la vie.

Edmund.

[jazza] 16/9/2002 18:44

Isn't Zizzi one of Ask's alternative brands? How are they (ASK) doing?


A new CafePasta restaurant (PIZ brand) opens near me (York) in a couple
of weeks - I'll post if I go there.

[ursus] 16/9/2002 10:59

are you planning your meal yet fred?